Could Trump's plan fail in a spectacular fashion?

[Yagoda]

6 minutes ago, rough diamond said:

You should know as you spout forth all your trumpeter feeds to you to post here.

 

So you line about puppet masters was just another example of anti Trump bs. Got it.

[rough diamond]

45 minutes ago, Yagoda said:

So you line about puppet masters was just another example of anti Trump bs. Got it.

You have just proved my point regarding your repetitive pointless non constructive responses.

Well done!

Please do not keep it up and give your "Trump is a messiah" BS a rest.

You do yourself and the him no good with your totally blinkered/Trump fed meaningless responses.

[VincentRJ]

I'm surprised there has been no mention in this long thread of Trump's plan to stop wasting money on inefficient renewables, such as wind turbines and solar farms, which produce intermittent and unreliable energy, and rely upon huge amounts of government subsidies which result in high electricity prices.

 

The two fundamentals of economic prosperity are the true cost of energy, and the ways we use that energy.

 

A country can compensate for high energy costs by using the energy more efficiently, but cannot compete with a country that has low energy costs and also uses the energy efficiently.

 

The reason why China can produce such inexpensive products which they export to the world, is because they use less expensive energy sources, such as fossil fuels and nuclear power, and use those energy sources very efficiently, by paying workers less, and using advanced technology.

 

The purpose of Trump's tarrifs on certain imported products is to encourage the production of those products in the USA. However, unless energy costs in the USA drop, the prices of such products will rise and the cost of living for most USA citizens will also  rise.

 

But this is not the plan. The plan is to reduce the true cost of energy, and use that energy more efficiently, which includes reducing the massive subsidies to stupid renewable projects. Drill, baby, drill! 
 

[placeholder]

2 hours ago, VincentRJ said:

I'm surprised there has been no mention in this long thread of Trump's plan to stop wasting money on inefficient renewables, such as wind turbines and solar farms, which produce intermittent and unreliable energy, and rely upon huge amounts of government subsidies which result in high electricity prices.

 

The two fundamentals of economic prosperity are the true cost of energy, and the ways we use that energy.

 

A country can compensate for high energy costs by using the energy more efficiently, but cannot compete with a country that has low energy costs and also uses the energy efficiently.

 

The reason why China can produce such inexpensive products which they export to the world, is because they use less expensive energy sources, such as fossil fuels and nuclear power, and use those energy sources very efficiently, by paying workers less, and using advanced technology.

 

The purpose of Trump's tarrifs on certain imported products is to encourage the production of those products in the USA. However, unless energy costs in the USA drop, the prices of such products will rise and the cost of living for most USA citizens will also  rise.

 

But this is not the plan. The plan is to reduce the true cost of energy, and use that energy more efficiently, which includes reducing the massive subsidies to stupid renewable projects. Drill, baby, drill! 
 

I'll give you one guess which country has installed by far the most solar energy and wind energy capacity in the world? Here's a hint:  Its name begins with a "C" and ends with an "A".

 

[placeholder]

2 hours ago, VincentRJ said:

I'm surprised there has been no mention in this long thread of Trump's plan to stop wasting money on inefficient renewables, such as wind turbines and solar farms, which produce intermittent and unreliable energy, and rely upon huge amounts of government subsidies which result in high electricity prices.

 

The two fundamentals of economic prosperity are the true cost of energy, and the ways we use that energy.

 

A country can compensate for high energy costs by using the energy more efficiently, but cannot compete with a country that has low energy costs and also uses the energy efficiently.

 

The reason why China can produce such inexpensive products which they export to the world, is because they use less expensive energy sources, such as fossil fuels and nuclear power, and use those energy sources very efficiently, by paying workers less, and using advanced technology.

 

The purpose of Trump's tarrifs on certain imported products is to encourage the production of those products in the USA. However, unless energy costs in the USA drop, the prices of such products will rise and the cost of living for most USA citizens will also  rise.

 

But this is not the plan. The plan is to reduce the true cost of energy, and use that energy more efficiently, which includes reducing the massive subsidies to stupid renewable projects. Drill, baby, drill! 
 

As for costs, where have you been hibernating? Still living in 2015? Battery storage costs have plummeted. As have the costs of PVs.

 

[SiSePuede419]

You ever hear of that dirty commie rag called "The Wall Street Journal"?

 

Owned by notable Far Left Liberal, Rupert Murdoch?

 

The Dumbest Trade War in History

 

Trump will impose 25% tariffs on Canada and Mexico for no good reason.

 

Whaaaat?

 

Trump's gut feeling isn't a "good" reason?

 

Dude operates like a 4 year old toddler.

 

Always has to be right.

 

Furthermore, the WSJ said to call it the dumbest trade war in history was being "too kind".

 

God, if Donnie was a Russian Agent tasked with becoming a Manchurian candidate for Vladimir Putin in order to destroy America from the inside...

 

He should get KGB Employee of the week award. 🏆

 

Flashback to the 80s...

 

Just imagine Donnie.   We rig up two gold shower heads to the ceiling.

Every room has bed under shower heads.

Hot and Cold Russian Hookers pissing on you every day in Trump Towels Moscow.

We will help you get elected.

Don't worry.

All you have to do is complain about NATO not paying their fair share.

And a bunch of racist stuff to attract the rubes.

Yes, Boss.  But do you think you can hook me up?

Hmmm.  Yes, maybe.  We have honeypot agent in training and we have kompromat photos of her making SEXYTIME with clients.  I think we can convince her to come to America if we dangle a model contract in front of her and threaten her.

I'll have our Mossad  Double Agent J. Epstein arrange everything.

Thanks Boss!  See you in Helsinki!

Da da da 

[jas007]

21 hours ago, Dan O said:

Thats correct but it goes back farther than Regan. I see you avoided the other issue of intentional harm.

 Eisenhower first warned of the Military Industrial Complex.  By the time the Vietnam war got started, they called it the Domino Theory.  Kennedy was likely assassinated because he wanted to put an end to that war.  

[Presnock]

On 3/11/2025 at 11:27 AM, Cameroni said:

No, you and most US presidents before Trump grossly underestimated the importance of the US economy and the strength and depth of the US economy and its role in the world.

 

Trump, the first billionaire president, fully understands the importance of the US economy. He knows that the US is more important to China, Germany, Japan, UK, etc than vice versa, because the US is the stronger domestic market, the more valuable market. This means that the US can in fact restructure market access to its own advantage.

 

America is now benefitting from tariffs that will result in people in the end having to buy US made products because they are much cheaper. This will protect more jobs and create more jobs in the US, not to mention the money the tariffs will send to US coffers.

 

If some large corporations lose money because of this market access restructuring - too bad, but it is a price worth paying in the long run because America will become richer even if some companies fail.

well, hard to agree with any of your comments.  I communicate daily with relatives and friends in various areas of the US - NOT one, and many of those did vote for the idiot, agree with anythhing he is doing right now except for two genders and illegals shutdown/border controls.  Other than that, they are all very worried what the idiot will come up in his next dream world.  First of all, since he was convicted  on 34 different counts, one would think he would understand the word ILLEGAL.  Time for Congress to grow some balls too and help wake him up unless his brain is too fried att.  IMHO anyway - I am a DEM policy lifer hater, but now am ashamed to be a Republican fan...

[VincentRJ]

7 hours ago, placeholder said:

I'll give you one guess which country has installed by far the most solar energy and wind energy capacity in the world? Here's a hint:  Its name begins with a "C" and ends with an "A".

 

 

How can you get things so wrong? 🤣

 

"Moving water is by far the most important form of renewable energy source in Canada, providing 61.7 percent of Canada's electricity generation in 2022. In fact, Canada is the third largest producer of hydroelectricity in the world."

 

If you check the following site you can see that wind and solar represent just 8% of Canada's electricity supply, although that has risen to around 10% in 2024.

https://www.google.com/search?q=what+is+the+source+of+most+of+Canada's+renewable+energy&rlz=1C1CHBF_enAU879AU879&oq=what+is+the+source+of+most+of+Canada's+renewable+energy&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigAdIBCjQ3MzM2ajBqMTWoAgiwAgHxBexKHSV3tTyx&sourceid=chrome&ie=UTF-8#vhid=vtRDbQcDeSWCnM&vssid=l

 

The country which produces the most energy from wind and solar is Denmark, which is amongst the top ten countries with the highest electricity prices in the world.
 

[Yagoda]

1 hour ago, Presnock said:

First of all, since he was convicted  on 34 different counts, one would think he would understand the word ILLEGAL. 

OMG hahahahahahahah.

 

Really? Only your lot think that "conviction" means anything. The American people dont.

 

 

 

[Walker88]

16 hours ago, Cameroni said:

 

It's hardly a secret that the market is in the largest bubble in history and was due for a correction. So far it is only dropped 12% from the recent all time high. in the 2008 crash it shed 65%. We have gone up OVER 100% since that time, which is incredible. If the market is down 4 trillion, what about the 50 trillion it's gone straight up since 2009?

 

The market goes down, sure. It will go up again. Don't worry.  If it crashes now, don't get out, buy like crazy at the bottom. You will make a fortune.

Not a student of history, I suspect.

 

There are such things as generational tops, like US 1929 and Japan 1989.

 

You can even go back in time---thanks to the internet---and see what those "experts" called economists said about both markets, not only before the collapse happened, but in their initial stages. Economists are all named Rosey Scenario, with their worst case being "a collapse is a buying opportunity". (For people so 'awake' you believe nothing said by the MSM, you don't suspect an economist at a bank might have an incentive to be positive?)

 

Often that is true, not not always. It's usually after the fact absurdities become visible. Joseph Kennedy remarked about some of the market absurdities in 1929, and an economist spoke of "a permanently high plateau" (dead wrong). In Japan, my favorite absurdity was that a woman in Osaka, who owned a small, 6-table sushi restaurant, borrowed over $1 billion from Industrial Bank of Japan to "buy stocks the gods told me to buy" (her words on her loan application). She bought her last deity-recommended stocks at Nikkei 38,915.87. Yes, she defaulted. Many banks in Japan were taken down by similar absurdities.

 

The US has its absurdities hidden behind the curtain still. Federal debt is massive, but until the current POTUS decided to alienate the marginal buyers of that debt PLUS have folks lose confidence in the markets and rule of law, the debt was manageable. Nobody ever expects sovereign debt to be repaid, but so long as it is serviced, even higher levels are sustainable. Japan Nat Debt to GDP dwarfs the US, but the yen is suddenly a safe haven currency (or maybe we're just seeing the unwinding of the carry trade).

 

POTUS once remarked that if needed, he would default on foreign-owned US Treasuries, He said it live on CNBC. That is now being remembered, as he utters absurdities about "50% tariffs on Canada, unless they agree to become the 51st State".

 

The various asset classes have done well over the last decade----from equities to RE to bonds to crypto---because Central Banks have been printing 24/7. Also, everybody levered up, whether corporates or derivative traders or crypto "investors". Market falls are exacerbated by leverage being unwound.

 

Oh, and then there's that little thing called AI, which is going to obviate both unskilled and even much skilled labor. In the 19th Century, when farm labor was obviated, displaced workers had the Industrial Revolution ready to absorb them. Physical labor was taken over by factories. AI is going to obviate intellectual labor.

 

Now add up all the corporate and consumer debt, look at the funding of LT assets with shorter term money by US banks, the $960 trillion nominal value of derivatives, $280 trillion in visible worldwide debt in a $60 trillion world economy, and a POTUS doing his best impression of Misters Smoot and Hawley, and the odds of a generational top in equities rise. It almost makes one reach for that cliche "Perfect Storm".

 

If you're 18, wealthy, and don't need the money, go ahead and keep buying dips.  Maybe when you're 50 you'll break even. What's the past tense of break? Oh yea, broke. If you're already 50, you may pass that way.

 

Yes, there are always Cassandras, but if you know the tale, you know Cassandra turned out right.

 

 

[VincentRJ]

8 hours ago, placeholder said:

As for costs, where have you been hibernating? Still living in 2015? Battery storage costs have plummeted. As have the costs of PVs.

 

Do you not know the distinction between 'falling costs' and 'plummeting costs'? 🤣

 

I have no objection to the development of battery storage and BEVs, but they are still too expensive for me.
 

[Cameroni]

24 minutes ago, Walker88 said:

Not a student of history, I suspect.

 

There are such things as generational tops, like US 1929 and Japan 1989.

 

You can even go back in time---thanks to the internet---and see what those "experts" called economists said about both markets, not only before the collapse happened, but in their initial stages. Economists are all named Rosey Scenario, with their worst case being "a collapse is a buying opportunity". (For people so 'awake' you believe nothing said by the MSM, you don't suspect an economist at a bank might have an incentive to be positive?)

 

Often that is true, not not always. It's usually after the fact absurdities become visible. Joseph Kennedy remarked about some of the market absurdities in 1929, and an economist spoke of "a permanently high plateau" (dead wrong). In Japan, my favorite absurdity was that a woman in Osaka, who owned a small, 6-table sushi restaurant, borrowed over $1 billion from Industrial Bank of Japan to "buy stocks the gods told me to buy" (her words on her loan application). She bought her last deity-recommended stocks at Nikkei 38,915.87. Yes, she defaulted. Many banks in Japan were taken down by similar absurdities.

 

The US has its absurdities hidden behind the curtain still. Federal debt is massive, but until the current POTUS decided to alienate the marginal buyers of that debt PLUS have folks lose confidence in the markets and rule of law, the debt was manageable. Nobody ever expects sovereign debt to be repaid, but so long as it is serviced, even higher levels are sustainable. Japan Nat Debt to GDP dwarfs the US, but the yen is suddenly a safe haven currency (or maybe we're just seeing the unwinding of the carry trade).

 

POTUS once remarked that if needed, he would default on foreign-owned US Treasuries, He said it live on CNBC. That is now being remembered, as he utters absurdities about "50% tariffs on Canada, unless they agree to become the 51st State".

 

The various asset classes have done well over the last decade----from equities to RE to bonds to crypto---because Central Banks have been printing 24/7. Also, everybody levered up, whether corporates or derivative traders or crypto "investors". Market falls are exacerbated by leverage being unwound.

 

Oh, and then there's that little thing called AI, which is going to obviate both unskilled and even much skilled labor. In the 19th Century, when farm labor was obviated, displaced workers had the Industrial Revolution ready to absorb them. Physical labor was taken over by factories. AI is going to obviate intellectual labor.

 

Now add up all the corporate and consumer debt, look at the funding of LT assets with shorter term money by US banks, the $960 trillion nominal value of derivatives, $280 trillion in visible worldwide debt in a $60 trillion world economy, and a POTUS doing his best impression of Misters Smoot and Hawley, and the odds of a generational top in equities rise. It almost makes one reach for that cliche "Perfect Storm".

 

If you're 18, wealthy, and don't need the money, go ahead and keep buying dips.  Maybe when you're 50 you'll break even. What's the past tense of break? Oh yea, broke. If you're already 50, you may pass that way.

 

Yes, there are always Cassandras, but if you know the tale, you know Cassandra turned out right.

 

 

The inflation figures that have just come out are very good and welcome news for the markets. According to themarket analyst below the SP 500 will rebound shortly. Of course Cassandra eventually, at some point, will turn out right, and we have been hearing the same scenarios you describe above for the last twenty years by various people. It has not happened for decades. The problem with your analysis is that it ONLY looks at the negatives. Take AI, yes it will do away with jobs, however, AI will also make the production and sale of products a lot more efficient and cheaper. In fact Sam Altman, the man behind Chat GPT has already thought about the issue of jobs lost due to AI and has founded World Network, which can be used to pay global basic income to people in due course. In fact AI will accelerate the drive to a global basic income as companies like World Network seek to tie people into their financial platform.

 

Your statement that you will have to wait from 18 to 50 to break even if you buy shares cheap in a crash is not born out by evidence. The evidence suggests, if you look at all the recent crashes, that they are in fact short lived and the SP500 companies have recovered fast almost to a man.

 

As for US debt it has not been a problem for 50 years and it will not be a problem going forward, because the US has an ANNUAL GDP of 27 trillion. Your analysis seems to wallow in negativity but actually there is a lot of positive happening right now. 

 

 

 

[placeholder]

19 minutes ago, VincentRJ said:

 

How can you get things so wrong? 🤣

 

"Moving water is by far the most important form of renewable energy source in Canada, providing 61.7 percent of Canada's electricity generation in 2022. In fact, Canada is the third largest producer of hydroelectricity in the world."

 

If you check the following site you can see that wind and solar represent just 8% of Canada's electricity supply, although that has risen to around 10% in 2024.

https://www.google.com/search?q=what+is+the+source+of+most+of+Canada's+renewable+energy&rlz=1C1CHBF_enAU879AU879&oq=what+is+the+source+of+most+of+Canada's+renewable+energy&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigAdIBCjQ3MzM2ajBqMTWoAgiwAgHxBexKHSV3tTyx&sourceid=chrome&ie=UTF-8#vhid=vtRDbQcDeSWCnM&vssid=l

 

The country which produces the most energy from wind and solar is Denmark, which is amongst the top ten countries with the highest electricity prices in the world.
 

Actually, it's you who got things so wrong. Does Canada fit the bill as the country with the most solar and wind energy installed. Try again.

And in Texas, that hotbed of capitalism, wind and solar installations have exploded. Particularly solar lately. In fact, battery plants  drawing power from renewables have imperiled the financial viability of gas peaker plants. So much so that Texas has actually passed laws to protect gas peaker plants from the competitions.

As for Denmark, once again it looks like you've been hibernating.

https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Electricity_price_statistics

You'll note that the pre-tax cost of electricity is not much higher in Denmark than it is in Norway. Norway's electricity is virtually all hydroelectic.

I took the liberty  below of of editing the graph to make that clearer

[placeholder]

26 minutes ago, VincentRJ said:

Do you not know the distinction between 'falling costs' and 'plummeting costs'? 🤣

 

I have no objection to the development of battery storage and BEVs, but they are still too expensive for me.
 

Too expensive for you? Do you think this is about home battery installation? I'm referring to industrial scale battery storage.  And given that costs for lithium battery storage has declined by over 90% over the last 15 years. I don't think it's unfair to characterize its costs as "plummeting". 

What's more, lithium batteries are the most expensive kind of storage batteries. There are lots of alternatives coming online including sodium based and iron oxide (currently the cheapest).

[Mike_Hunt]

1 minute ago, placeholder said:

And given that costs for lithium battery storage has declined by over 90% over the last 15 years.

 

You have to love capitalism. 

[Mike_Hunt]

13 minutes ago, Cameroni said:

The inflation figures that have just come out are very good and welcome news for the markets.

 

 

 

 

This pissed off the left.  

[placeholder]

4 minutes ago, Mike_Hunt said:

 

This pissed off the left.  

Whereas the right graciously accepted the fact of strong economic growth under Biden. Growth that outstripped all the major G7 economies and most of the rest of the economically developed nations as well. An economy that Trump characterized as a disaster. But, of course, you didn't agree with Trump on that.

[placeholder]

6 minutes ago, Mike_Hunt said:

 

This pissed off the left.  

Anyway, the issue is what is the future of inflation once the effect of

a) widespread tariffs hit

b) undocumented aliens are deported in large numbers.

[Mike_Hunt]

30 minutes ago, placeholder said:

Whereas the right graciously accepted the fact of strong economic growth under Biden. Growth that outstripped all the major G7 economies and most of the rest of the economically developed nations as well. An economy that Trump characterized as a disaster. But, of course, you didn't agree with Trump on that.

The US often outstripped the G7 when it comes to growth.  This is nothing new.

 

 

[Presnock]

Well, a recission in the making.  ALl the people suffering already due to inflated prices that never came down after the pandemic.  But Trump and his cronies, if you are rich, who cares of there is a recession it doesn't really affect them IMHO.  They are all leeches living off the working public.

[transam]

18 hours ago, Yagoda said:

And then.....

 

Y'all can see what I said LOL.

 

I didnt know Cambodia was "commy" (sic).

 

Just following me around yapping stupid lying comments directed at me and not issues. What a stalker.

Naaaaaaaah, you just don't like being questioned or commented on..........🙄

 

But, you carry on yapping, it suits you........😉

[Walker88]

2 hours ago, Mike_Hunt said:

 

This pissed off the left.  

I'm one of those lefties, and no, the CPI number did not piss me off.

 

I looked at the data and saw the major factor leading to the "below expected" figure was falling energy costs.

 

Was that due to POTUS? Maybe, because the market is anticipating a Recession (due to his silly trade war) and that is reflected in falling demand for energy. I noticed egg prices are at an all time high, rent was up 4%, and even bacon isn't looking good.

 

But please take one data point and plot a graph into perpetuity. I believe the CPI looked pretty good in early 1930, too. Sadly, it wasn't a cause for optimism.

 

I know what's coming, and it ain't pretty. Of course I will enjoy schadenfreude, as MAGAs suffer worst of all. Sometimes the only way to beat sense into someone's head is to beat them in the head.

 

It's a good feeling to be wealthy and diversified, as immune as anyone can be from the insanity that is this POTUS.

 

Have a nice day. Hope you loaded up on equities yesterday during the Dead Cat Bounce.

[Mavideol]

he does think he can anything he wants, Greenland told him not so orange man...

 

During a debate earlier this week, leaders of six parties were asked if they trust Trump.

Five said no.

The one yes, Karl Ingemann of the relatively new Qulleq party, didn’t even win a seat in Parliament after his party flopped with just 1.1% of the vote. 555  ROFL

Greenland Just Had An Election. Here's How Its Only Pro-Trump Candidate Did.

 

https://au.yahoo.com/news/greenland-just-had-election-heres-041737643.html

[Walker88]

2 hours ago, placeholder said:

Whereas the right graciously accepted the fact of strong economic growth under Biden. Growth that outstripped all the major G7 economies and most of the rest of the economically developed nations as well. An economy that Trump characterized as a disaster. But, of course, you didn't agree with Trump on that.

Wait! What's that? Did I hear that since 2020, the US under Biden grew at 3 times the average of the G7?

 

And inflation came down faster?

 

And UE ran <4% for 41 months, the longest streak in 64 years?

 

And Biden presided over the highest level of job creation ever?

 

And both consumer spending AND consumer saving increased?

 

Whoa! That is some serious carnage. I'm sure the new POTUS can turn all that around and bring us back into the Recession he left for Biden, and likely going after Herbert Hoover and leaving a Depression in his wake.

[Mavideol]

Boris Johnson Has Made A Startling Claim About Trump's Attitude Towards Putin

https://au.yahoo.com/news/boris-johnson-made-startling-claim-091825565.html

 

Boris Johnson has claimed Donald Trump “has the guts to stand up to Putin”, despite all the evidence to the contrary.

 

Maybe the guts but surely no cojones  555

[Mavideol]

the moron opens his moth to shout at anything and anybody and without checking anything, usually blaming sleepy Joe for everything and anything until the truth and fact checks tell him who he really his... just a grumpy senile old man... and the brainwashed  maga keyboard warriors they will find to divert the fact by starting to insult anybody that doesn't agree with them, let's go after the leftists as they usually say

 

President Donald Trump took to social media to whine about who negotiated a deal allowing Canada to supply energy to the U.S. — but, it turns out, he made the deal.  555

 

Trump whines about who signed deal to allow Canada to supply energy to the US – it was him

https://au.yahoo.com/news/trump-whines-signed-deal-allow-164920516.html